Form 4: NMI Holdings Director Michael Montgomery Sells Shares on the Open Market
SEC Form 4
Director Michael Curry Montgomery of NMI Holdings, Inc. sold 1,875 common shares at $38.0505 per share on May 13, 2025.
Summary
- Michael Curry Montgomery, a director of NMI Holdings, Inc., sold 1,875 common shares on May 13, 2025.
- The sale was executed on the open market at a price of $38.0505 per share.
- Following the transaction, Montgomery directly owns 66,068 shares, which includes 61,629 common shares and 4,439 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a share sale by a director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of the transaction: sale of 1,875 common shares. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
NMI Holdings, Michael Curry Montgomery, Form 4, Share Sale, Director, NMIH, Common Stock, Securities
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